Optimum CPF day by day withdrawal Restrict being lowered from $200k to $50k as anti-rip-off measure CPFB advised associates who plan to make big withdrawals to plan upfront, including withdrawing over $fifty,000 around many times. Image: LIANHE ZAOBAO FILE
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“Consequently, decreasing the utmost everyday withdrawal Restrict offers a larger deterrence to scammers and might help to limit the opportunity losses inside a fraud.”
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A spokesman for CPFB explained: “These were being attributed largely to govt official impersonation frauds and financial investment ripoffs.
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CPFB advised users who plan to make huge withdrawals to approach upfront, and those who intend to withdraw greater than $50,000 to want to make the withdrawals online about numerous times.
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Optimum CPF daily withdrawal limit for being lowered from $200k to $50k as anti-scam measure Go through now
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